Airports

Save Group, growing balance sheet. From the airports a GDP of one and a half billion

In April 2025, Venice and Treviso totalled 4.2 million passengers - Assembly does not distribute dividends in view of investments

26 May 2025

3' min read

Key points

The Stopovers
Projects
The fallout.

3' min read

Reflecting the positive traffic performance of the managed airports and related activities, Save's latest consolidated group financial statements for 2024 were unanimously approved by the shareholders' meeting, with values increasing compared to the previous year.

In detail, total revenue was EUR 255.2 million, up 8.7% compared to 2023, EBITDA was EUR 129 million, up 9.6%, and net profit was EUR 73.4 million, up 24.2%. The Group's net financial position was EUR 135.4 million, an improvement of EUR 33.3 million compared to 2023.

Enrico Marchi, Presidente Gruppo Save. ANSA/ANDREA MEROLA

The Stopovers

The Venice-Treviso airport system closed 2024 with 14.6 million passengers in total (11.6 million Venice, 3 million Treviso), up 1.9% on 2023.

In particular, the Venice airport strengthened its role as the third domestic intercontinental airport. The already connected markets of North America and the Middle and Far East have been joined by China, with the introduction in autumn of the direct flight to Shanghai. In the current summer season (end of March - end of October), there are a total of eleven long-haul destinations - New York JFK, New York Newark, Atlanta, Philadelphia, Washington, Dallas from 6 June 2025, Toronto, Montreal, Dubai, Doha, Shanghai - connected by 51 non-stop weekly flights departing from Venice. North America is confirmed as the first intercontinental market for Venice, with flows that in 2025 will exceed 1.2 million passengers in total.

Another novelty activated at Marco Polo in the summer period concerns flights to Jeddah and Riyadh in Saudi Arabia, operated from mid-June to the end of August by the Saudia company. To these is added the twice-weekly connection to Larnaca by Cyprus Airways, from 30 May to 29 September.

Projects

As for Treviso airport, with Ryanair and Wizzair it has maintained its role as a city airport, a reference for point-to-point traffic, with 44 destinations in 21 countries connected in the current summer season.

From January to April 2025, Venice and Treviso together totalled 4.2 million passengers (3.2 million Venice, 982,000 Treviso), an increase of 4.3% compared to the same period in 2024.

In 2024, the approval process of the Masterplan 2023 -2037 of the Venice Airport proceeded, which envisages investments of about EUR 2 billion, EUR 380 million of which are earmarked for sustainability measures, whose primary objective is to achieve zero CO2 emissions by 2030, through the use of low-consumption energy systems, low-environmental-impact technologies, and the use of energy from renewable sources.

The fallout

In view of the investments to be made, the Shareholders' Meeting resolved not to distribute any dividends, leaving the profit to increase the company's equity.

"The figures of the consolidated financial statements confirm our Group as a solid and reference reality for the mobility and economic-social development of the territory. The airports of Venice and Treviso today, in direct, indirect and induced terms, employ about 30,000 people and the activity of the two airports generates a GDP of one and a half billion euro in the area. These are important figures, which help to concretely translate the great commitment and high level of professionalism expressed at all levels by the Group's staff," says Enrico Marchi, president of the Save Group.

The current year, underlines Marchi, 'is proceeding with a good traffic trend, up on the previous year, fuelled by new flights that consolidate Marco Polo's role as the third national intercontinental airport. A growth that pays great attention to the airport experience of all passengers and the quality of the services offered, and that does not neglect any aspect of the processes, from the close collaboration with the airlines, to the modular adaptation of the infrastructures, to the sustainability programme that will lead us to the goal of zero emissions by 2030'.

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